Pilots at American Airlines, unhappy over pay and angry at company management, ousted their union's top officers and elected a slate of newcomers who promised to take a harder line against the nation's largest carrier. Miami-based pilot Lloyd Hill defeated incumbent President Ralph Hunter by more than a 2-to-1 margin in a runoff, and challengers also unseated the Allied Pilots Association's next two ranking officials.

Exxon Mobil Corp. on Wednesday reiterated its position that creating far-reaching policies to reduce harmful greenhouse gas emissions is important but premature, even as some shareholders lambasted the oil giant for what they said was an irresponsible and even dangerous environmental stance.

Shareholders of media conglomerate Time Warner Inc. overwhelmingly approved two proposals Friday to give them more say in the company's affairs. The proposals, one to make it easier for a simple majority of shareholders to pass changes to the company's bylaws, and another to allow larger shareholders to call special board meetings, were opposed by the company. It is not required to institute the proposed changes.

Labor leaders confronted the CEO of American Airlines' parent Wednesday over management bonuses, but shareholders rejected a union resolution to let shareholders vote on executive pay. Union leaders said the bonuses broke a management promise to share gains as the company recovered from huge losses. But Chairman and Chief Executive Gerard Arpey declined to back down on the bonuses, which totaled about $160 million in stock.